Investment Strategy

Investment Strategy

We believe that earnings growth drives stock performance. The Small and Mid Cap markets can be very inefficient and often contain the fastest growing stocks. Most market participants are burdened with behavioral biases (human nature) that influence their decision making and can cause them to make consistently bad decisions. Investors who can overcome these biases can outperform. Paramount to our success is the disciplined execution of an investment process that is well-defined, represents sound investment principles, has both objective and subjective components, and is repeatable. Our mandate is to stay fully invested and style pure.

We consider ourselves students of Behavioral Finance - it provides a theoretical justification for our philosophy and process. If market participants invest while burdened with these behavioral biases and heuristics, we believe they can systematically make bad investment decisions and create inefficiencies in the market.